Well, Richard always is a colourful sort of sideshow, isn't he.

Toll can pay more, Richard Branson can pay more and the Virgin Blue in specie distribution can be monetised.

The election has just become a sideshow.

well into an investment cycle that should lead to long-term consistent growth from a stable of high quality strategic businesses.

Originally Toll wanted to buy that through Pacific National,

If you look at Toll as a business, it's a primarily a road-based, freight forwarding business,